Yes, I thought it looked greasy also, but touched white typing paper... and it leaves no residue or grease. I just can't say enough good about this recipe, the former recipe, with the vitamin E is good, but I feel this really heals, extreme dry, scratchy skin. If you use it when you go to bed, you have no need to worry about grease, it soaks in. It's a thick consistency, so it won't work in a pump. W7sue, I don't know if the recipe is cheaper than what you quote, but if you want a good product, try this.